BlueMail offers email-messaging hybrid app, and Tenenz debuts a free tax highlights video that firms can customize and use for lead generation.

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Elena Richards (pictured) was appointed chief diversity inclusion officer at KPMG, New York, joining the firm as a principal to lead the inclusion and diversity team and work with the management team and board of directors to support KPMG’s “Accelerate 2025” initiative, a five-year strategy to drive meaningful change at the firm. In other firm […]

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Conventional wisdom suggests that when you cast a wide net you catch more fish, but in today’s highly competitive marketplace — made even more uncertain by the ongoing pandemic — that kind of thinking is no longer the rule. These most unconventional times call for narrowing your focus to one or two areas of specialization […]

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The Internal Revenue Service said Friday it intends to start “masking” sensitive information on business tax transcripts, beginning Dec. 13, to safeguard taxpayers against the threat of identity theft. Friday’s announcement gives taxpayers and tax professionals 30 days to make any necessary adjustments. The IRS began telling tax professionals about the upcoming change during its […]

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The Governmental Accounting Standards Board is giving state and local governments extra time to implement its new leases standard because of the coronavirus pandemic, and they will probably need it because it has some complexities similar to those that businesses have been facing in applying the Financial Accounting Standards Board’s leases standard. For fiscal years […]

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New York’s attorney general continues to gather information about President Donald Trump’s business, obtaining financial records this month from the family of the Trump Organization’s CFO that could provide further insights into the company’s operations and tax strategies. The office of Attorney General Letitia James is reviewing tax records associated with a son and ex-daughter-in-law […]

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California voters rejected a measure that would have made the most significant change to the state’s signature tax-limitation law, a setback to proponents hoping to raise more money for local governments and schools. Proposition 15 was failing 52 percent to 48 percent, according to the Associated Press with 90 percent of the precincts reporting. It […]

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The Public Company Accounting Oversight Board has released a new resource for audit committees to help them better understand the board’s new requirements around auditing accounting estimates and using the work of specialists. The new resource includes the basics of the new requirements, key takeaways for audit committees, and questions they can consider asking auditors. […]

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The American Institute of Certified Professional Accountants has announced a partnership with the Institute of Chartered Accountants of Jamaica, agreeing to train more future-forward management accountants in the island nation. The first-of-its-kind partnership will offer Jamaican students the opportunity to earn the Chartered Global Management Accountant (CGMA) designation. Professionals will also benefit from memberships to […]

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The percentage of workers asking for compensation for work-from-home expenses with their employers hasn’t gone up significantly since the outbreak of the COVID-19 pandemic, according to a new survey, and women don’t feel they are being reimbursed fairly for their expenses as much as men. The survey, by AppZen, a provider of expense-auditing software, found […]

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